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i just listened to jack lew's comments. look, i feel a certain sympathy for director lew having been in his position four years ago. it's tough. but it's tough to defend this budget. he talked about how he's proud of the fact that there's something on social security. there's nothing on social security. the questions were actually very insightful. you know, where is the changes in terms of these entitlement programs? it's now over 60%. budget and the fastest growing part of the budget. the $400 billion, judy, that you're talking about is a result of freezing so it's not a reduction in spending. it's a freeze. so it's as compared to what the spending would have otherwise been. had we followed the president's budget from last year. so this is is not about reducing spending. by the way that $400 billion is about 4.5% of what we have to do in order to get to a balanced budget. as the democrat co-chairman of the democrat fiscal commission it's about 4.5% of the way there. we need to do a lot more. we need to do it together. i'm
i just listened to jack lew's comments. look, i feel a certain sympathy for director lew having been in his position four years ago. it's tough. but it's tough to defend this budget. he talked about how he's proud of the fact that there's something on social security. there's nothing on social security. the questions were actually very insightful. you know, where is the changes in terms of these entitlement programs? it's now over 60%. budget and the fastest growing part of the budget. the $400...
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Feb 15, 2011
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on the newshour tonight, we talk to white house budget director jack lew and ohio republican senator rob portman about cuts, taxes, and the political battles ahead. >> ifill: then, margaret warner, just back from cairo, helps us look at the role social media and mainstream media played in the egypt uprising. >> brown: and we report on a battle that pits human champions against a machine. our science correspondent took the challenge.
on the newshour tonight, we talk to white house budget director jack lew and ohio republican senator rob portman about cuts, taxes, and the political battles ahead. >> ifill: then, margaret warner, just back from cairo, helps us look at the role social media and mainstream media played in the egypt uprising. >> brown: and we report on a battle that pits human champions against a machine. our science correspondent took the challenge.
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Feb 21, 2011
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. >> jack lew, director of the office of management and budget, says if we don't continue to invest in and you cajun and and the structure it will undermine the ability to generate -- don't continue to invest in education and infrastructure, it will undermine the ability to generate jobs. >> i think it is true but it has nothing to do with entitlements. >> it cut entitlements, granite is in the snow. -- if you cut entitlements, grandma is in the snow. if you do not deal with this we will have a will haveevent, and it will -- spectacular economic event. people will say we will not buy your debt. it will got to 10%, 12%. that will trigger an event that will make throwing granma in the snow into nothing. 40% unemployment. a tremendous economic crash. and the only way to solve that is massive inflation and that will be even worse. somehow we have to get this scenario in front of the american people about what will happen if we do not deal with this. >> i see a consensus forming doinomething with entitlements, the difficult subjec you a hearing im blring it bu wha toapn ceili the aom thde t
. >> jack lew, director of the office of management and budget, says if we don't continue to invest in and you cajun and and the structure it will undermine the ability to generate -- don't continue to invest in education and infrastructure, it will undermine the ability to generate jobs. >> i think it is true but it has nothing to do with entitlements. >> it cut entitlements, granite is in the snow. -- if you cut entitlements, grandma is in the snow. if you do not deal with...
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Feb 20, 2011
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. >> jack lew, director of the office of management and budget, says if we don't continue to invest in and you cajun and and the structure it will undermine the ability to generate -- don't continue to invest in education and infrastructure, it will undermine the ability to generate jobs. >> i think it is true but it has nothing to do with entitlements. >> it cut entitlements, granite is in the snow. -- if you cut entitlements, grandma is in the snow. if you do not deal with this we will have a will haveevent, and it will -- spectacular economic event. people will say we will not buy your debt. it will got to 10%, 12%. that will trigger an event that will make throwing granma in the snow into nothing. 40% unemployment. a tremendous economic crash. and the only way to solve that is massive inflation and that will be even worse. somehow we have to get this scenario in front of the american people about what will happen if we do not deal with this. >> i see a consensus forming doing something with entitlements, the difficult subject. you are hearing it from republicans, you are hearing it
. >> jack lew, director of the office of management and budget, says if we don't continue to invest in and you cajun and and the structure it will undermine the ability to generate -- don't continue to invest in education and infrastructure, it will undermine the ability to generate jobs. >> i think it is true but it has nothing to do with entitlements. >> it cut entitlements, granite is in the snow. -- if you cut entitlements, grandma is in the snow. if you do not deal with...
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Feb 14, 2011
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. -- jack lew. we will have his remarks starting at 12:15 eastern on c- span2. live coverage of that briefing starting at 12:15 eastern on c- span2. the defense department will offer their briefing on c-span 3. live coverage as secretary gates and others explains the budget, calling for $78 million in reductions, cutting a number .f weapons programs live coverage of that briefing at 2:00 eastern on c-span 3. on this morning's "wash. journal" we spoke about the president's budget request. here is a look. host: more about the budget. merrill goozner is a senior correspondent for "the fiscal times." we sit here on this one day a year, the budget comes up to the hill. what happens next once we see the release, see the large numbers, what happens? guest: the budget is the president's proposal for fiscal year 2012. it actually does not begin until next october. under the theory of how our government operates, the proposal then goes to capitol hill and the various congressional committees evaluates that budget and eventually hold hearings and eventually passed the budg
. -- jack lew. we will have his remarks starting at 12:15 eastern on c- span2. live coverage of that briefing starting at 12:15 eastern on c- span2. the defense department will offer their briefing on c-span 3. live coverage as secretary gates and others explains the budget, calling for $78 million in reductions, cutting a number .f weapons programs live coverage of that briefing at 2:00 eastern on c-span 3. on this morning's "wash. journal" we spoke about the president's budget...
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Feb 9, 2011
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the point is, that seems to be falling by the wayside, some of the criticism of the program -- jack lew at the administration -- these are just programs where we are giving money away. the unemployed people who got laid off in the upper peninsula of michigan, the unemployed construction worker in california, the person who lost their jobs in the south when a plan to move overseas -- plant move overseas -- they are, to agencies to get retrained and reinvested. it is getting them on the track where they can become economically self-sufficient and can get back to work. and we want to protect the integrity of all the people as well brou. host: charles, republican line. caller: i have never met or known anyone who did not want to help people who were really in need of help. if you run the figures from the irs and welfare, a man making $60,000 with three children has less spending money than a person on welfare with three children. run the figures. that's true. also, you mentioned the banks and tarp. we would have never had tarp if the federal government told the banks that they had to loan m
the point is, that seems to be falling by the wayside, some of the criticism of the program -- jack lew at the administration -- these are just programs where we are giving money away. the unemployed people who got laid off in the upper peninsula of michigan, the unemployed construction worker in california, the person who lost their jobs in the south when a plan to move overseas -- plant move overseas -- they are, to agencies to get retrained and reinvested. it is getting them on the track...
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Feb 12, 2011
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on monday, we'll talk to budget director jack lew about the obama administration's new blueprint for federal spending. i'm judy woodruff. >> lehrer: and i'm jim lehrer. "washington week" can be seen later this evening on most pbs stations. we'll see you online, and again here monday evening. have a nice weekend. thank you and good night. major funding for the pbs newshour has been provided by: >> pacific life-- the power to help you succeed. >> i mean, where would we be without small businesses? >> we need small businesses. >> they're the ones that help drive growth. >> like electricians, mechanics, carpenters. >> they strengthen our communities. >> every year, chevron spends billions with small businesses. that goes right to the heart of local communities, providing jobs, keeping people at work. they depend on us. >> the economy depends on them. >> and we depend on them. and by toyota. >> bnsf railway. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of th
on monday, we'll talk to budget director jack lew about the obama administration's new blueprint for federal spending. i'm judy woodruff. >> lehrer: and i'm jim lehrer. "washington week" can be seen later this evening on most pbs stations. we'll see you online, and again here monday evening. have a nice weekend. thank you and good night. major funding for the pbs newshour has been provided by: >> pacific life-- the power to help you succeed. >> i mean, where would we...
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Feb 16, 2011
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host: omb director jack lew before the house committee yesterday. what did you hear from him? guest: he acknowledged that this was an austere budget, that there were painful choices, that the president had a personal affinity for community services, block grant funding that he had to cut in half, and that was very hard for him to do. but the president wanted to be taken seriously about trying to get the deficit under control while really trying to make sure that he focused on innovation, education, winning in the future -- winning the future, and not harming -- and touching, basically, social security and health care. host: one last question, cameron hooper. >> the president's budget does not appear to address the projected medicaid, medicare, or social security overlap. do you have any idea what the funding for these programs will be resolved? guest: thank you for asking that question, cameron. first, i want to tell you that the social security trust fund is not what is driving our deficit. the social security trust fund is solvent, perfect until 2037, and because of people l
host: omb director jack lew before the house committee yesterday. what did you hear from him? guest: he acknowledged that this was an austere budget, that there were painful choices, that the president had a personal affinity for community services, block grant funding that he had to cut in half, and that was very hard for him to do. but the president wanted to be taken seriously about trying to get the deficit under control while really trying to make sure that he focused on innovation,...
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Feb 16, 2011
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lew on the hot seat. >> why did you duck? why are you not taking this opportunity to lead? >> reporter: entitlement programs like medicaid, medicare and social security eat up 57% of the budget. then there's national security and interest on the debt. neither side seems willing to tackle any of those issues yet. rob and vinita? >>> in his first interview since the collapse of his ponzi scheme, bernie madoff insists his family did not know about the whole thing. madoff tell's today's "new york times" that numerous banks and hedge funds were complicit in the scheme. he claims the attitude of those unnamed institutions was, quote, if you're doing something wrong, we don't want to know about it. >> the plot thickens. >>> overseas now where italy's leader is now facing a trial on sex charges in april. prosecutors say silvio berlusconi paid an underage girl for sex and then tried to cover it up. >> italians in general have been forgiving of berlusconi's behavior but now millions of italian women are putting the pressure on. t.j. wi
lew on the hot seat. >> why did you duck? why are you not taking this opportunity to lead? >> reporter: entitlement programs like medicaid, medicare and social security eat up 57% of the budget. then there's national security and interest on the debt. neither side seems willing to tackle any of those issues yet. rob and vinita? >>> in his first interview since the collapse of his ponzi scheme, bernie madoff insists his family did not know about the whole thing. madoff...
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Feb 17, 2011
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. >> we have our budget proposal and jack lew has been in far greater detail than i can do on whether budget proposal contains and the numbers that contained, but the president made very clear what his priorities are here and the reductions that we are looking to make and how that really is the only plan out they are. and out of manchu the only budget proposal out there right now that reduces spending and brings down the deficit. it is a very serious, reasonable proposal that demonstrates the seriousness about the debate. >> right, but when politifact says is false for the president to say he's not adding adding to the debt, it doesn't matter? this white house is still going to continue to make the claim that you're not adding to the debt, even when nonpartisan people have looked at it that you actually are? >> will look, and i'm going to refer you to trim six. i'm an economist. you've heard that before. but it's absolutely true. >> there is a lot of work to be done, but we've seen so far as positive in terms of the egyptian government, active reforms moving toward elections, et ceter
. >> we have our budget proposal and jack lew has been in far greater detail than i can do on whether budget proposal contains and the numbers that contained, but the president made very clear what his priorities are here and the reductions that we are looking to make and how that really is the only plan out they are. and out of manchu the only budget proposal out there right now that reduces spending and brings down the deficit. it is a very serious, reasonable proposal that demonstrates...
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Feb 15, 2011
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lew this morning and what you gather is these are really difficult times. most members of congress while not happy, they understand that the budget for everything had to come down, and nasa was no different. the important thing for us is that we're living within the elements of the authorization act. we're really staying focused on safely flying out the shuttle and then providing follow on vehicles whether they are procured or whether nasa operates it that it's safe for the crews to get them to orbit or wherever they are going in deep space and then safely back home, and that we stay within our budget constraints. i'm really excited about it. i know we can do it. there is no question that we can do it. we just got to make very difficult decisions, and that's what you see in this budget. you know, when you look at the funds for 21st century, there are funds that go into the intent of 21st century when we talk about the ground systems for the heavy lift launch vehicle, for example. they are not reflected in 21st century, but that's 21st century funds, and, ag
lew this morning and what you gather is these are really difficult times. most members of congress while not happy, they understand that the budget for everything had to come down, and nasa was no different. the important thing for us is that we're living within the elements of the authorization act. we're really staying focused on safely flying out the shuttle and then providing follow on vehicles whether they are procured or whether nasa operates it that it's safe for the crews to get them to...
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here is a quick look at the white house budget director, jack lew. >> our budget will get us over the next several years to the point where we can look the american people in the eye saying we're not adding to the debt anymore. we are spending money we have each year and working on bringing down our national debt. the notion we can do this painlessly, it's not possible to do that. we're going to make tough choices. the question is do we do it in a way while we make tough tradeoffs, we have the critical investments to create jobs for the american people so can compete in the world of the 21st century. we have to find a way to come together and it may well be it can happen in congress. chairman of the senate budget committee, content conrad, people first have to come off their fixed positions. with republicans holding a bigger minority in the senate, the party needs time to at least push its own ambitious agenda to reduce government with the deepest spending cuts in memory. political tea party activists who fueled the party election gains in november. all that being said with the house
here is a quick look at the white house budget director, jack lew. >> our budget will get us over the next several years to the point where we can look the american people in the eye saying we're not adding to the debt anymore. we are spending money we have each year and working on bringing down our national debt. the notion we can do this painlessly, it's not possible to do that. we're going to make tough choices. the question is do we do it in a way while we make tough tradeoffs, we...
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does the renomination of 10 -- a controversial nominees liked jack lew, does that reflect on their ability to get to the senate this go around. and any reaction on yesterday's ruling on the health care law. >> very cheeky. nice stalking horse question and right behind it comes health care. [laughter] the president does not nominate more -- any individual the administration does not expect a full support and bring to a vote. that's chilling case of the individual in which you cite, and in case of all the other free-nominated judicial prospects from last year. thee fully committed to mall. we will work the process very hard and we will speak to individual members were there are concerns and we will move, as i suggested earlier, very hard to secure the earliest possible but with every expectation that we can successfully place all of these individuals on the court. what was your second question? [laughter] what was your question? my reaction to the health care vote? i would have decided differently. [laughter] this is one district court decision. there have been a number of decisions. we of o
does the renomination of 10 -- a controversial nominees liked jack lew, does that reflect on their ability to get to the senate this go around. and any reaction on yesterday's ruling on the health care law. >> very cheeky. nice stalking horse question and right behind it comes health care. [laughter] the president does not nominate more -- any individual the administration does not expect a full support and bring to a vote. that's chilling case of the individual in which you cite, and in...
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Feb 24, 2011
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jack lew who's a great friend of erkinse. bill daley and you don't to have like him and our executive director for ten months jeff reed is now joe biden's chief of staff. this is the way the system works. it's not a government of laws and not men and women it's a government of men and women who know the law and will try to help people understand it. that's what it is. >> i'm pretty encouraged myself along with al and the same reasons, you know, getting 47, 48 senators to meet at 8:30 in the morning on a day like this and you're not raising money, man that is -- [laughter] >> you must have something good going. and, you know, that was bipartisan group. it is led by the big 6 which are chambliss and warner and coburn and crapo and conrad and durbin. and i think goes from the right to the list and we have a chance to have this introduced in legislative language in the senate. in the house paul ryan is as smart and as quick and as facile with the numbers as anybody i have ever worked with in the public or private sector. he has t
jack lew who's a great friend of erkinse. bill daley and you don't to have like him and our executive director for ten months jeff reed is now joe biden's chief of staff. this is the way the system works. it's not a government of laws and not men and women it's a government of men and women who know the law and will try to help people understand it. that's what it is. >> i'm pretty encouraged myself along with al and the same reasons, you know, getting 47, 48 senators to meet at 8:30 in...
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Feb 16, 2011
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director jack lew testify. mr. lew reminded us the last time he testified before the budget committee was when he served as the o.m.b. director for president clinton. and when he left office, he left the country with a $5.6 trillion surplus. and the economy during that eight-year period added 20.8 million private sector jobs. unfortunately, we know the end of the movie. those huge surpluses were squandered. the previous administration, the bush administration, cut taxes for the very wealthy and through a number of other policy actions, turned a $5.6 trillion surplus into a sea of deficits. and by the end of that eight-year period, 653,000 private sector jobs were eliminated. i say to my colleagues, i hope we will oppose this approach and accept the approach the president has submitted. the chair: the gentleman's time has expired. for what purpose does the gentleman from california rise? the clerk will read. the clerk: page 270 line 13, section 1725, level for the department of interior, bureau of indian affairs ope
director jack lew testify. mr. lew reminded us the last time he testified before the budget committee was when he served as the o.m.b. director for president clinton. and when he left office, he left the country with a $5.6 trillion surplus. and the economy during that eight-year period added 20.8 million private sector jobs. unfortunately, we know the end of the movie. those huge surpluses were squandered. the previous administration, the bush administration, cut taxes for the very wealthy and...
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Feb 1, 2011
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does the renomination of 10 -- a controversial nominees liked jack lew, does that reflect on their ability to get to the senate this go around. and any reaction on yesterday's ruling on the health care law. >> very cheeky. nice stalking horse question and right behind it comes health care. [laughter] the president does not nominate more -- any individual the administration does not expect a full support and bring to a vote. that's chilling case of the individual in which you cite, and in case of all the other free-nominated judicial prospects from last year. we're fully committed to the mall. we will work the process very hard and we will speak to individual members were there are concerns and we will move, as i suggested earlier, very hard to secure the earliest possible but with every expectation that we can successfully place all of these individuals on the court. what was your second question? [laughter] what was your question? my reaction to the health care vote? i would have decided differently. [laughter] this is one district court decision. there have been a number of decisions. we
does the renomination of 10 -- a controversial nominees liked jack lew, does that reflect on their ability to get to the senate this go around. and any reaction on yesterday's ruling on the health care law. >> very cheeky. nice stalking horse question and right behind it comes health care. [laughter] the president does not nominate more -- any individual the administration does not expect a full support and bring to a vote. that's chilling case of the individual in which you cite, and in...
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jack lew is now in a position of power. bill daley knows how to make the trains run. our executive director for 10 months, bruised reed is now joe biden's chief of staff. that sounds like inside baseball. that is the way the system works. this is not a government all laws and men and women. it is a government of men and women who know law and will try to help people understand it. that is what it is. >> i am encouraged, myself for the same reasons. getting 47, 48 senators to meet at 8:30 in the morning on a daylight this and you're not raising money, man -- [laughter] you must have something good going. this is a bipartisan group. it is led by the big six which are chambliss and warner and the rest. that is a real cross section from the left to the right. i think we have a real chance to have this thing introduced in legislative language in the senate. in the house, paul ryan is as smart and quick and facile with numbers as anybody i have ever worked with. in the public or private sector. he has told us that we can expect to see 85% of the recommendations on the spend
jack lew is now in a position of power. bill daley knows how to make the trains run. our executive director for 10 months, bruised reed is now joe biden's chief of staff. that sounds like inside baseball. that is the way the system works. this is not a government all laws and men and women. it is a government of men and women who know law and will try to help people understand it. that is what it is. >> i am encouraged, myself for the same reasons. getting 47, 48 senators to meet at 8:30...
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Feb 15, 2011
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jack lew will be up before the house budget committee today. we will have live coverage of that hearing on cspan 3. this is "the baltimore sun" -- in the house, republicans have a proposal to keep the government running for this year. they would go until september 30 and that debate kicks off today on the house floor and we have live coverage on c-span. s.i., new york, democratic line, what you think about the 2012 budget proposal? caller: 1 slight comment first on the congresswoman -- on congress meant kingston's act of about the woman who was working two jobs. it reminds me of a woman speaking to president bush said that she had three jobs to get by and he said that as the american way. i wanted to ask the good congress woman from pennsylvania on the budget when she said pennsylvania provides gas and fuel for the economy, would she have touched on the system of hydro-franking which is poisoning the wells of certain parts of the country? would she have these companies like halliburton come forth with all the ingredients, the chemicals that are
jack lew will be up before the house budget committee today. we will have live coverage of that hearing on cspan 3. this is "the baltimore sun" -- in the house, republicans have a proposal to keep the government running for this year. they would go until september 30 and that debate kicks off today on the house floor and we have live coverage on c-span. s.i., new york, democratic line, what you think about the 2012 budget proposal? caller: 1 slight comment first on the congresswoman...
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lew. on "washington journal," we will take your questions and comments about the president's proposed budget for the next fiscal year. congressional debate about what to do for the rest of this spending it. our guest will be john cranford , republican representative jack kingston, a member of the appropriations committee, and allyson schwartz, and it is live on c-span every day at 7:00 a.m. eastern. during the briefing on next year's proposed budget, defense secretary robert gates said temporary spending measures for this fiscal year are hurting the military. he also told reporters about the pentagon's plan to cut $78 billion from the 2012 budget. these budget decisions took place in the context of the nearly two-year effort by this department to reduce overhead, cull troubled programs, and rein in personnel and contractor costs, all for the purpose of preserving the fighting strength of america's military at a time of fiscal stress. the goal is not only to generate savings that could be a
lew. on "washington journal," we will take your questions and comments about the president's proposed budget for the next fiscal year. congressional debate about what to do for the rest of this spending it. our guest will be john cranford , republican representative jack kingston, a member of the appropriations committee, and allyson schwartz, and it is live on c-span every day at 7:00 a.m. eastern. during the briefing on next year's proposed budget, defense secretary robert gates...
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Feb 15, 2011
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. >> reporter: president obama's budget director jack lew left the nation with a surplus. as president clinton's budget director. >> i came back ten years later to look at projections over $10 trillion over the next ten years. it's enough to break your heart. >> reporter: the national deficit in 2011 is expected to reach an all-time high of $1.65 trillion. the president's budget would increase spending on research and development, education and transportation. republicans say those are all nonstarters. rob and vinita? >>> america's fighting forces may not be immune to the need for budget cutbacks. the defense secretary says he wants enough money to maintain 98,000 u.s. troops in afghanistan. that is despite the obama administration's insistence that it will begin to gradually withdraw forces this july. the 2012 budget requests includes about $118 billion for the wars in iraq and afghanistan. >>> the house has voted to extend three key provision of the patriot act set to expire at the end of the month. the post-9/11 counterterrorism powers include roving wiretapping and sei
. >> reporter: president obama's budget director jack lew left the nation with a surplus. as president clinton's budget director. >> i came back ten years later to look at projections over $10 trillion over the next ten years. it's enough to break your heart. >> reporter: the national deficit in 2011 is expected to reach an all-time high of $1.65 trillion. the president's budget would increase spending on research and development, education and transportation. republicans say...
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Feb 17, 2011
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macinnis jack lew pointed out by definition you have to go through the balance before you get the full balance so i only say this mr. chairman to say how hard it is but we spent the rest of the day listening to your members criticized the president for reaching primary balance in 2017 so i think it is fair play to say that the one good faith effort on the republican side that has been scored today doesn't get close to that. and it doesn't do it by 2040. obviously you will be presenting a budget this year. that will be the next effort and let me just close with this. we look forward to working with you wherever possible and finding common ground in that effort. speedy secretary geithner the floor is yours. >> thank you mr. chairman and ranking member van hollen. is a pleasure to talk about these questions. i stated the beginning mr. chairman that i agree that that -- a comprehensive plan. i don't agree with a lot of the content but i agree that you deserve a lot of credit for laying out something conference that and i doubt you are in the leadership to put together a resolution that the
macinnis jack lew pointed out by definition you have to go through the balance before you get the full balance so i only say this mr. chairman to say how hard it is but we spent the rest of the day listening to your members criticized the president for reaching primary balance in 2017 so i think it is fair play to say that the one good faith effort on the republican side that has been scored today doesn't get close to that. and it doesn't do it by 2040. obviously you will be presenting a budget...
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Feb 9, 2011
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i think your budget director jack lew said it's not going to be in the budget. >> yeah, not in the budget. but we are trying to shape consensus among the keep people in congress, republicans and democrats, and among the broad cross section of the business community that's going to be so affected by this. the basic principals is that we want something that lowers the rate, broadens the rate, improves investment incentives. i think we can do that. i was talking to a head of a major technology company in the united states a few days ago. i think the people who have looked at this carefully say they believe doing this in a fiscally responsible, revenue neutral way is possible? a way to help improve their competitiveness. they like the certainty. i think it'll prove their competitiveness. >> there are also business leaders that say if that's tax reform, they want it to be a tax cut. >> there's no surprise. they will always want that. >> revenue neutral is not good enough. >> yeah. >> how do you reconcile? >> let's be realistic. we are not going to ask americans to pay high taxes so we can lowe
i think your budget director jack lew said it's not going to be in the budget. >> yeah, not in the budget. but we are trying to shape consensus among the keep people in congress, republicans and democrats, and among the broad cross section of the business community that's going to be so affected by this. the basic principals is that we want something that lowers the rate, broadens the rate, improves investment incentives. i think we can do that. i was talking to a head of a major...
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Feb 27, 2011
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jack lew's confirmation was held up in the senate. that pushes us back by two weeks. how our process works is we need to wait for the congressional budget office to evaluate the president's budget and then they make some adjustments to their baseline which is what we use. we use all cbo numbers for the purpose of building our budgets and forcing our budgets. that takes them about a month. we're just at the beginning part of the process. i think paul has made it clear that he wants to address the structural problems. how we do that and how the speaker and leaders have talked about entitlement programs. we're starting to look at that. when paul talks about the road map, he talks about it as being a consensus of one. he needs a consensus of 218 of the republican budget. we're in the early stages of that project. i can't comment on the specifics of that. it's too early in the process to answer that question. >> i was going to add, the irony of the debate over the cr and the original number which chairman ryan came up with, which ended up being more spending than in the en
jack lew's confirmation was held up in the senate. that pushes us back by two weeks. how our process works is we need to wait for the congressional budget office to evaluate the president's budget and then they make some adjustments to their baseline which is what we use. we use all cbo numbers for the purpose of building our budgets and forcing our budgets. that takes them about a month. we're just at the beginning part of the process. i think paul has made it clear that he wants to address...
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Feb 9, 2011
02/11
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>> well, he does understand the importance that, the importance of this funding, but as jack lew said in his op-ed and as the president and jack have talked about in the construction of the budget, we have reached a point where we have to do something about what we take in and what we spend and the great divergence in those two numbers. and that this process is not going to be an easy one. it means that on each side we're going to have to give a little on things that are even, even that are greatly important to us. and if we simply exempted everything that was, was important to everybody in this process, we would simply continue the process of spending much, much more than we have. >> but in that slept -- slept the 10th press conference the president had, he talked about his efforts in the community, someone who was in the community, who worked for the community. and how far -- and he understands, he said he understood, you know, what it meant to be an advocate for grassroots organizations and for poor communities. but how far did the president go to spare the $350 million cut to thes
>> well, he does understand the importance that, the importance of this funding, but as jack lew said in his op-ed and as the president and jack have talked about in the construction of the budget, we have reached a point where we have to do something about what we take in and what we spend and the great divergence in those two numbers. and that this process is not going to be an easy one. it means that on each side we're going to have to give a little on things that are even, even that...